Cost Strategy Analyst - Cost Accounting

Overview

Now hiring a Cost Strategy Analyst-Remote!

Presbyterian is seeking a Cost Strategy Analyst to serve as a key individual contributor in the Finance organization. Acts on behalf of the Manager of Cost Accounting. Project manager for a variety of long and short-term projects. Leads planning sessions for strategic and operational cost planning and implements outcome of plans. Interfaces with internal business units and external entities (i.e. vendors) to manage requirements gathering, develop labor standards, maintain work plan, coordinate activities in support of costing solution, reporting and analytics. Serves as expert resource and educator to staff and leadership in relation to cost accounting system operation and functionality, cost data design and interpretation, analytic results, business insights, documentation and process improvement. 

 

• This is a Full Time position - Exempt: Yes
• Job is based at Rev Hugh Cooper Admin Center
• Work hours: Days

Ideal Candidate:

8 years of cost accounting experience required.

Cost accounting experience in a health care delivery organization is preferred.

Strong computer software skills are essential including MS Office applications; advanced Excel.

 

Qualifications

• Bachelors degree in finance, accounting or relevant field required.
• 8 years of cost accounting experience required. Cost accounting experience in a health care delivery organization is preferred.
• 6 years experience to include configuration, maintenance, modeling and analytics within a leading cost accounting system (e.g. EPSi, Oracle, TSI, Strata, Siemens, Avega, Cost Plus, Axiom, MedAssets).
• Competent with business intelligence analytical tools (e.g. Business Objects, SAS, relational databases).
• Analytical experience in cost planning, cost strategy, cost development, operations, and/or finance.
• Strong business acumen and technical knowledge.
• Combination of technical, financial, and business knowledge and experience.
• Intermediate to expert MS Office skills with emphasis on Excel, Access and PowerPoint.
• Excellent written and oral communication and presentation skills.

Education Essential: Bachelor Degree

 

 

Responsibilities

Project Management:

• Lead a variety of projects and organizational undertakings related to strategic costing objectives.
• Organize, schedule, plan and manage project-related team activities.
• Create, monitor and manage project timelines and validation efforts.
• Create presentations for senior level meetings and briefings.
• Develop agendas and content and manage the meetings and internal communications for various meetings.

Strategy:

• Analyze business challenges/problems requiring strategic cost planning effort for new and changing opportunities.
• Demonstrate expert analytical/problem solving skills and in-depth understanding of the business and systems to identify and develop innovative strategic cost initiatives, and to remediate and resolve complex design issues and problems within the application.
• Provide and coordinate analytics for strategic costing initiatives identified by the VP of Finance and other stakeholders.
• Participate in cost strategy sessions and vet ideas of the strategy team and stakeholders. Facilitate discussions and provide recommendations regarding proper development and use of cost data.
• Design, develop and deploy new methodologies and algorithms to calculate patient level costs in response to changing and future business requirements.
• Perform data research, analysis, prepare reports to communicate impact/results, and support development of costing solution. Perform advanced configuration, testing/quality review and maintenance for production application.

Analytics:

• Participate in the design and development of financial reports and dashboards.
• Demonstrate sound analytical problem solving, investigative and research ability as evidenced by experience in the identification, documentation and communication of issues, requirements, opportunities, and solutions to costing problems.
• Conduct complex data analyses and projections pertaining to ongoing performance of a department, service line, provider or procedure. Provide analyses and data models for cost development.
• Analyze complex data and present key trends in a compelling and easy to understand fashion. Prepare reports and craft consistent messaging for dissemination of cost, operational or financial information.
• Validate reports/analysis to ensure accurac